Did you know that most people continue to pay for dating apps 13 months after they stopped using it? Habits are hard to break and big companies count on that.
Many of us don’t realize the tactics big companies use to keep your bills running high. The good news? We found a company that negotiates better monthly rates on your behalf, for everything from your internet to your home security. This consumer advocacy company does it all for you. Why does it work? Because the founders were big company insiders. Now they work for you.
How companies trick you out of your money
The guys who started Billshark used to work for the big telecom companies. These founders know the pricing tactics used by big companies. Now they can use that knowledge to help level the playing field. The Billsharks are dedicated to helping you save money.
Companies do all kinds of funny things to trick you out of your money. Here are a few examples:
- Hidden bundled services that you no longer use
- Small prices increases that accumulate over time (aka death by a thousand paper cuts)
- Lowered rates in your area (no one tells you)
- The re-naming of your plan with a slightly different name (and higher fee)
How Billshark negotiates and saves you money
Billshark has an 85% success rate negotiating bills for cable, phone, internet, satellite T.V., satellite radio, and home security. On average, they save their customers $280 per year. One family was able save $2,000 per year using the service. Ironically, several big companies have hired Billshark to negotiate lowering their employees’ monthly bills, as a benefits perk. Pretty neat.
Why they’re so good at lowering your bills
Most of your bills have extra charges. Billshark can quickly identify and eliminate these pricing inefficiencies. Here is one of our favorite examples: their pro-active price alerts tells them when AT&T changed the prevailing rates in your area. That means they can negotiate a lower rate for you when the prices go down.
How much does this cost?
The Billshark won’t charge you anything unless they successfully negotiate bills, then they charge 40% of the savings. Yes, that sounds like a lot. But look at it this way: you are saving 60% of what they negotiate. If they save you $1,000 in a year, that is $600 that goes back into your pocket. These professional negotiators only make money if they save you money.
The 40% needs to be paid up-front, once you’ve received confirmation of your monthly savings. The good news: you can spread this payment out over time.
Can I do this myself?
Most people don’t realize that negotiation is a skill that takes time. We don’t have the time to do it, or would rather avoid conflict. Billshark are professional negotiators who know the industry, the pricing strategy, and the buttons to push to get you the highest savings.
“We do it better”- BillShark CEO
Could you do this yourself? Sure, eventually. It would take a lot of research and multiple calls. Remember, these guys used to work for the big telecom companies and understand how they think. Unless you have the time to go Sherlock Holmes, let the Billsharks lower your fees for you.
How it works
It’s pretty easy. Simply download the app (or go to the website) and upload your bills. Within minutes they will be able to give you an estimate on savings.
How they give back
Billshark cares about helping people become financially literate early in life. Under their 1 Bill, 1 Hour, 1 Child program, the team donates 1 hour of financial literacy instruction to a child for every bill they negotiate.
Want more ideas on how to make extra income using your house? Check out out article 7 Ways to Make your Home a Sustainable Source of Income
Photo by Jared Rice